PSA to assemble LCV at its Kaluga plant in Russia
- Inovev published an analysis of the future of the PSA-Mitsubishi Kaluga site on October 30, 2017, stating that this site, owned 50% by PSA and 50% by Mitsubishi, has never produced more than 45,672 cars per year – that was in 2011 – and that its production volume has steadily decreased since then (17,415 units in 2016 and probably less than 15,000 in 2017), while installed capacity is 125,000 cars per year.
- Inovev pointed out that the site had two problems: one relating to produced volume compared to installed capacity, and the other to the recent takeover of Mitsubishi by Renault-Nissan which should stop all links between PSA and Mitsubishi.
- Inovev concluded that there was therefore a possibility for the site to be taken over by Renault-Nissan (owner of Mitsubishi) to produce Mitsubishi SUVs, or for the site to be closed.
- The PSA group seems to have found another solution: it has announced that it will assemble Citroën Jumpy and Peugeot Expert LCV at Kaluga, to revive the site, and serve local demand, as of next year.
- Sales of these models in Russia (so far exported from France) have never exceeded a thousand units per year (600 units in 2016) and this volume would be clearly insufficient to revive the Kaluga site. This decision seems like a last improvised attempt to save the site, with little hope of success.
Contact us: info@inovev.com